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The Role of Business in Social Causes in the 1970s

The Role of Business in Social Causes in the 1970s

In April 1973, the Saturday Review published a special business supplement, “Can the Businessman Meet Our Social Needs?” In this series of essays, noted business authority Peter F. Drucker and then New York City deputy mayor Edward K. Hamilton debated the pros and cons of this question. Though “corporate social responsibility” was a relatively new concept at the time, the issue of balancing responsibility among businesses, the nonprofit sector and government remains fresh 40 years later. This Voices article looks at the history of business philanthropy in the late 20th century, rediscovering examples of workplace volunteering that have faded from sight.

To read the full article

Wed, 09/28/2011
Coincidentally, there is a conference going on right now that brings this discussion right into 2011. Chris Jarvis reports in his blog on corporate social responsibility that the 2011 CR Commit! Forum is "hosting an Oxford-style debate on 'whether shareholder value is eroded or enhanced when companies integrate sustainability strategies and pursue corporate responsibility initiatives.' Two teams will take their best shot at presenting compelling arguments and offering their strongest rebuttals." Follow the links on the blog posting. (see http://realizedworth.blogspot.com/2011/09/business-case-against-employee.html)